Pros and Cons of Living In Mystic, Connecticut. Is Mystic, CT a Nice Place To Live or Retire?

Mystic, Connecticut

Moving to Mystic In Connecticut ? Is Mystic, CT a Nice Place To Live? Pros and Cons of Living in Mystic, Connecticut. Find out the best and worst about to live, raise a family or retire in Mystic.

Mystic is a village and census-designated place (CDP) in Groton and Stonington, Connecticut.

Mystic was a significant Connecticut seaport with more than 600 ships built over 135 years starting in 1784. Mystic Seaport, located in the village, is the largest maritime museum in the United States and has preserved a number of sailing ships, such as the whaling ship Charles W. Morgan. The village is located on the Mystic River which flows into Fishers Island Sound. The Mystic River Bascule Bridge crosses the river in the center of the village. The name "Mystic" is derived from the Pequot term "missi-tuk" describing a large river whose waters are driven into waves by tides or wind. The population was 4,348 at the 2020 census.

DEMOGRAPHICS

Population
4249
Unemployment
5%
6% NAT AVG.
Poverty
5.8%
59% NAT AVG.

ECONOMICS

Median Home Cost
$428500
86% NAT AVG.
Median Income
$94102
39% NAT AVG.
Median Rent
$1341
16% NAT AVG.
Overall Score
7

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 17
Unemployed People
1 in 20
People Earning < $10,000
1 in 45
People Earning < $50,000
21.2%
People With Any Degree
1 in 1.5

ETHNICITY

Ethnicity Mystic USA
White 92% 60.1%
African American 1.4% 12.2%
American Indian 0% 0.6%
Asian 2.4% 5.6%
Hawaiian 0% 0.2%
Multiracial 1% 2.8%
Hispanic 3.1% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Mystic USA
Less than $10,000 2.2% 5.8%
$10,000 to $14,999 3.5% 4.1%
$15,000 to $24,999 3.7% 8.5%
$25,000 to $34,999 5.1% 8.6%
$35,000 to $49,999 6.7% 12.0%
$50,000 to $74,999 12.1% 17.2%
$75,000 to $99,999 21.3% 12.8%
$100,000 to $149,999 14.6% 15.6%
$150,000 to $199,999 15.7% 7.1%

EDUCATION

Education Mystic USA
< 9th Grade 0% 5.0%
9-12th Grade 6% 7.0%
High School or GED 16% 27.0%
Other College 13% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 26% 20.0%
Master's Degree 20% 9.0%
Professional Degree 6% 2.0%
Doctorate Degree 5% 1.0%
Mystic is a city in Connecticut state in USA with a population of 4249 residents.. The poverty rate of Mystic is 5.8%, which is 59% lower than national average. The typical household in Mystic earns $94102 a year, compared to the national median of $67,500. Nearly 21.2% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Mystic remained 5%, which is 6% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Mystic is 0, which is 100% lower than national average. In Mystic, only 57% of adults have a bachelor's degree and 21% have some college but no degree. Median home value in Mystic is $428500 , which is 86% higher than national average. While median income in Mystic remained $94102, which is 39% higher than national average.
Mystic Scorecard

Jobs80%

Housing90%

Affordability60%

Safety80%

Amenities80%

Diversity50%

Education90%

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